What lower cost of borrowing entails

NANCY MWAPE, Lusaka LOWER interest rates make the cost of borrowing cheaper. It encourages consumers and firms to get loans to finance greater spending and investment. Zambia is however grappling with high interest rates ranging at an average lending rate of 28.8 percent as at the first quarter of this year, while some individual banks

Under-20 storm second round

STEPHEN PHIRI, Jeju World Cup Stadium, South Korea ZAMBIA 4 IRAN 2 FOUR second-half goals in a space of 15 minutes yesterday saw Zambia come from behind to thump Iran and qualify for the FIFA World Cup round of 16. Fashion Sakala, Enock Mwepu, Emmanuel Banda and substitute Patson Daka shook the net between the

Strong agro-policies vital – Buya Bamba

TRYNESS TEMBO, Lusaka AN AGRIBUSINESS firm has urged Government to develop stronger policies in the agro-sector to protect local producers from the influx of imported potatoes and onions, which are negatively affecting the growth of the industry. Buya Bamba Limited managing director Anthony Barker said there has been an increase in imported potatoes and onions

Presidential salute

ROBINSON KUNDA, Lusaka PRESIDENT Lungu has commended the under-20 national team for beating Iran 4-2 and qualifying for the second round of the ongoing FIFA World Cup in South Korea. According to a statement released to the Zambia Daily Mail by the President’s special assistant for press and public relations, Amos Chanda, in Lusaka yesterday,

Zanaco edge Wydad

ALEX NJOVU, National Heroes Stadium, Lusaka ZANACO 1 WYDAD 0 ZANACO yesterday overcame Wydad Casablanca of Morocco in the CAF Champions League Group D clash with their first goal at home to enhance their chances of a maiden quarter-final appearance. The Bankers have four points, at par with group leaders, Egyptian giants Al Ahly, who

Moving on after a heartbreak

LOVE & LIFE ISSUES with EMMANUEL MUKULA THERE is perhaps nothing as painful as getting over someone you have been deeply and truly in love with. You thought you’d spend the rest of your lives together. You made plans for the future to get married and live happily ever after, unfortunately you get heartbroken. You
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